When Processing a Check, Sterling Bank Encodes Information, Such as the Amount

question 45

Multiple Choice

When processing a check, Sterling Bank encodes information, such as the amount of the check, on the item. Sterling thereby warrants to any subsequent bank or payor​

• A) ​the item has been returned to the drawer.
• B) ​nothing.
• C) ​the check has been processed manually.
• D) ​the encoded information is correct.